What's The Rate Going To Be?

[tigergorzow]

.86 to 1.17,  or if they really want to be "Bold" then a few cents above the Kuwaiti Dinar and show the international community they are back in business....

Edited September 9, 2014 by tigergorzow

[moose 57]

Just hope it is more than I paid for the T.P.

[mqchau]

1 IQD will equal to 1 IQD 

 

SMH...I sure hope this all works out soon.

honestly I would be happy with 0.10 - 0.50

[rockfl9]

At the risk of being seriously neged. I must predict: 

1166 thru the end of 2014 and until the 2015 budget is approved , possibly will take to May/June. It looks like 2014 was a bust and will end with a deficit. This will require serious belt tightening in 2015 with a lot of projects delayed or killed..Oil production is behind projections . Without outside help security costs will increase making a balanced budget difficult.. I dont see possiblity of any improvement even a small one in 2015.

[Laid Back]

0.86 to 1.13 dollars

[mrparrot]

Consumer Reports  says the best toilet paper in America is a
Wal-Mart exclusive -- White Cloud 3-ply Ultra Soft and Thick.
At 25 cents per 100 sheets, White Cloud got a high score of
88 based on softness, strength, disintegration, and tearing ease.
Cost per sheet - $0.0025

In second place, Charmin Ultra Strong got a score of 71 and costs 41 cents
per 100 sheets.

Cost per sheet - $0.0041

 

In third place, Quilted Northern Ultra Plush scored 70 and
costs 38 cents per 100 sheets.

Cost per sheet - $0.0038

 

Two store brands -- Target's Up & Up and Walmart's other private label,

Great Value Ultra Strong came in fourth and fifth.

My beloved Costco brand, Kirkland Signature, checked in with a
mediocre score of 51 though it only costs 12 cents per 100 sheets,
almost the cheapest brand sampled.
Cost per sheet - $0.0012

The absolutely cheapest option was Scott 1000, which cost 8 cents per 100 sheets,
but had the lowest score of all on the Consumer Reports tally -- a 24. Ouch!
Cost per sheet - $0.0008

Based on these calculations,
I'd be happy with anything over $0.0026...

On a more serious note,

who remembers November of 2009?

 

Remember that little "glitch"?

 

Some thought that it was test run

that hit the Forex feeds by accident.

 

I think it was 1 IQD = $1.29 or $1.47...

Edited September 9, 2014 by mrparrot

[WheresmyRV?]

.86 to a 1.17 I am thinking.  Hoping and praying for Tlar's prediction of 3.71 though.  

[umbertino]

More than what we paid for them.

Hopefully so...I have doubts about it, sincerely ( after 10 years of real rough going)

[blueskyline]

/5/2014 0:00 After touching up the 80 billion dollars and 90 tonnes of gold Baghdad, Hussein al-Tamimi Tgb Monetary policy is the most important episodes of economic stability through the stabilization of the exchange rate of the national economy that increase the strength and effectiveness to face all the challenges facing the development process (depending on economic affairs specialist). Samir Nasiri said that the central bank several years ago succeeded in achieving a large and growing reserves of foreign exchange reserves stood at 80 billion dollars and 90 tonnes of gold according to the latest data issued by him. He added in an interview with "morning" that fixing the exchange rate of the Iraqi dinar against the main currency in (the dollar) is considered to be necessary and appropriate, and had a foreign currency auctions held by the Central Bank of Iraq played an important role in maintaining the appropriate level of the exchange rate and install it.     Required reserve     He pointed out that for pressure on the exchange rates, pay Bantrza to tighten its monetary policy and narrowed, including raising interest rates on deposits in Iraqi dinars, and to allow greater flexibility in the management of monetary policy, pointing out that he adopted several measures to expand the list of tools available to them, and to cover up required to include government deposits, and the granting of facilities on deposits that mature in a short period in order to allow banks to manage their liquidity situation in a way more effective, and to reduce liquidity risk     Balance of Payments     He pointed out that among the goals of monetary policy, the other to achieve economic growth and reduce unemployment, and the stability of prices of goods and services, and the stability of exchange rates, as well as improving the balance of payments, indicating that the achievement of these goals is through a monetary policy instruments of direct and indirect, which are issued by the Bank Central regulations and regulatory instructions and guidance over the past years and finally what has been emphasized in the year 2014.     Rate of exchange     He Alnasiri saying that the current structure for the stability of exchange rates has been granted an opportunity for the Iraqi economy to rebuild and grow, despite the fact that prices have not stabilized completely, due in part to the nature of the security and political conditions and market conditions experienced by the country in spite of the evolution is clear in fiscal and monetary policy and the banking industry, where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central is also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of Iraqi dinar against the U.S. dollar would be appropriate and desirable at the present stage.     Scaling Dollarization     Nasiri said that to support this structure to be the Iraqi Central Bank to raise the required amounts of foreign exchange on the basis of maximum rate in daily auctions and allow greater flexibility in the management of monetary policy, it has taken the CBI a number of steps to expand the list of available tools of monetary policy, which identified whereby perceptions about demand 

Read more: http://dinarvets.com/forums/index.php?/topic/177349-alnasiri-monetary-policy-enhance-the-value-of-the-dinar-externally/#ixzz3CvYGs5nw  Blast from the past . "MONETARY POLICY IS WORKING TO STRENGTHEN THE EXTERNAL VALUE OF THE DINAR IRAQ, WHICH HAS INCREASED DURING THE LAST FIVE YEARS . !!! What ever the RATE may be . It seems they have been increasing it the last 5 years . Thats how I read it anyway . I would guess Iraq would have the potential to have a good or perhaps " Super Abundant Wealth as their people have put it " increase in a 5 year period .

More complete art from same feed . Belated Thank You Easy and Dinar Believer.   Alnasiri: monetary policy, enhance the value of the dinar externally

6/5/2014 0:00 

After touching up the 80 billion dollars and 90 tons of gold 
Baghdad, Hussein al-Tamimi Tgb 

is the monetary policy the most important episodes of economic stability through the stabilization of the exchange rate by more than the national economy, the strength and effectiveness to face all the challenges facing the development process (according to the specialist economic affairs). 

said Samir Nasiri said the central bank several years ago succeeded in achieving a reserve large and growing foreign exchange reserves stood at 80 billion dollars and 90 tonnes of gold according to the latest data issued by him. 

added in an interview with "morning" that fixing the exchange rate of the Iraqi dinar against the main currency in (dealing dollar) is considered to be necessary and appropriate, and had a foreign currency auctions held by the Central Bank of Iraq played an important role in maintaining the appropriate level of the exchange rate and install it. 

required reserve 
and pointed out that for pressure on the exchange rates, pay Bantrza to tighten its monetary policy and narrowed, including raise interest rates on deposits in Iraqi dinars, and to allow greater flexibility in the management of monetary policy, pointing out that he adopted several measures to expand the list of tools available to them, and to cover the required reserve to include government deposits, and the granting of facilities on deposits that mature in a short period in order to allow banks to manage the development of liquidity a more effective way, and to reduce liquidity risk 

balance of payments 
and pointed out that among the goals of monetary policy, the other to achieve economic growth and reduce unemployment, and the stability of prices of goods and services, and the stability of exchange rates, as well as improving the balance of payments, indicating that the achievement of these goals is through the adoption of tools monetary policy, direct and indirect, and issued by the Central Bank regulations and regulatory instructions and guidance over the past years and finally what has been emphasized in the year 2014. 

exchange rate 
and continued Alnasiri saying that the current structure for the stability of exchange rates has been granted an opportunity for the Iraqi economy to rebuild and grow, despite that the prices have not stabilized completely, due in part to the nature of the security and political conditions and the market situation faced by the country in spite of the evolution is clear in fiscal and monetary policy and the banking industry, where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of the Iraqi dinar against the dollar the U.S. ordered appropriate and required at the current stage. 

scalable dollarization 
Nasiri said that to support this structure to be the Iraqi Central Bank to raise the required amounts of foreign exchange on the basis of average Far in daily auctions and allow greater flexibility in the management of monetary policy, it has taken the CBI a number of steps to expand the list of available tools of monetary policy, which identified whereby perceptions about demand growth in money supply and currency in circulation and that expectations about economic growth and inflation. 

stressed that the policy tight monetary adopted by the central part of Strutijeth efforts to achieve the goal of stability, has shown that the financial system Almdolr taking a drive towards a gradual decrease, and the phenomenon of partial dollarization and roots are now less than the former, because of the launch of freedom of foreign exchange andmonetary policy is working to strengthen the external value of the dinar Iraq, which has increased during the last five years. 

explained that the moderate policy established a framework effectively lead to the lifting of confidence in Iraqi dinars, as it helps the confidence in the local currency to create the conditions for strong and deep in the stability of the financial system, and the strength to address the dollarization, is a measure of the effectiveness of monetary policy to provide a reference impressive to make the local currency more attractive and that is usually reflected the stability of the cash demand or decrease the speed of money circulation and stability of any due to the influence of my reference exchange and interest. 

capital market 
and concluded Alnasiri his speech by saying that the measures and means the current adopted by the monetary policy to influence the phenomenon inflationary come to play a role Whatever rein in inflation caused by factors of aggregate demand, which continues to the central adoption of its current policy aimed at reducing inflation, which reached 3.1 percent at the end of 2013 to address the trends and causes, and in a manner provides a stable cash wider and Tjeela in rates of economic growth and ensure sustained through two signals two basic adopted the current monetary policy, namely to strengthen the real interest rate and the exchange rate of the Iraqi dinar to accelerate towards the balance and stability of the financial market and the overall stability in the country.
طباعة



Read more: http://dinarvets.com/forums/index.php?/topic/177349-alnasiri-monetary-policy-enhance-the-value-of-the-dinar-externally/#ixzz3CvbbuQyV

Edited September 10, 2014 by blueskyline

[dinar_millions]

$3.20 up to $3.84 based on inflation and price of oil..

[gxr]

I would believe that Iraq would want  their currency to be closley comparable to that of their neighbor, Kuwait.

 

1 Kuwaiti Dinar = 3.49 USD

[rockfl9]

I would believe that Iraq would want  their currency to be closley comparable to that of their neighbor, Kuwait.

 

1 Kuwaiti Dinar = 3.49 USD

That would be 296 TRILLION DOLLARS!!!!!  Where do you think that amount will come from?  If they sold ALL the oil in their reserves would still be short a few trillion.

[iamtheeggman]

Where it comes from its not our problem. We will just b happy to take it

[rockfl9]

Currency swaps are a zero sum game. One gains the other looses.  If you want dollars for dinar the dollars must come from somewhere.  The only source today is the CBI.. I dont think it is in a position to pay out.

[stealthwarrior]

The rate? who knows but the notes we hold right now will be worthless.they WILL print new notes very soon.

[iamtheeggman]

who's guru are you?

[Artitech]

If it does not revalue near Kuwaiti dinar value of $3.48, I believe it will rise to that value within a year!

Why? Where do get the information support that belief?

[Artitech]

The rate? who knows but the notes we hold right now will be worthless.they WILL print new notes very soon.

How Do You Know This? Are you just saying this to get a rise? I would like to know, what makes you say this. If this is true, I will sell out before Its T.P. Why do you come to the site and not share your intel? Do you have evidence that proves your statement is true. If you do please share, its only FAIR! That way I can judge for my self along with others!!

[Rockymtnhi]

So you don't trust the CBI's published numbers on total dinar money supply but you do trust the CBI to RV for you.  And who convinced you all the international crooks are behind this plan?  Have any viable links you can share.  I'd love to read them.

[rockfl9]

First of all - central banks print money. Secondly, the US does not back up all its dollars all over the world. Thirdly, we can't trust them on their numbers of paper currency in circulation. Plus the banksters, the IMF and US gov't and all the other international crooks are in on this plan.  

 

Nuff said.

But the CBI cant print USD.  The US  treasury does not have to back USD ,  it is the hard currency of the world.  But  Iraq has to back the IQD , for if it falls the IQD falls into the dumpster 

[NevadaSam]

I want it to be between $.10 to $.50 ..... but my best guess would be...... I haven't the slightest idea what the rate will be.

[new york kevin]

More than what we paid for them.

 

That is the plain simple truth what you said outlawclg. I would add that it could come in at $.01 to $.50 and market float to $1.00 where CBI articles have stated they want to be. After that I feel the CBI/GOI will manage the float upwards from there to their stated goal of $3.00 . They may not let it get much higher than that inorder to maintain a competative edge with their neighbors. Thus their stated goal to be the financial center of the M.E. Yup, pretty close to something like that.

[Rockymtnhi]

Kevin, there is a world of difference between a penny and $3.  But be that as it may in your opinion what is Iraq's current amount of money supply?

[sanders2340]

I would believe that Iraq would want  their currency to be closley comparable to that of their neighbor, Kuwait.

 

1 Kuwaiti Dinar = 3.49 USD

All due respect; Kuwait is not thier only neighbor. A few of thier neighbors is a lot less than Kuwait.

[pokerplayer]

When I first got in eons ago I did some DD and manipulative calculating and came up .33 to .39 per dinar. I still believe that is what it will come out at.

 

  But hey higher would even be better.

 

   pp